Traders were caught by surprise by the ECB rate decision, while after S&P cut France's credit rating by one notch, the single currency extended its decline versus other currencies.
Australian Dollar fell to 0.9465, hitting Tuesday's low after disappointing data from the Oz labour market. Australia's Dollar fell almost 0.5% versus both the U.S. Dollar and single currency, almost eroding Monday's gains.
October was a good month for Swiss policymakers, who seek a weaker Franc, as Swiss Franc depreciated 0.6% against the shared currency and 0.2% versus the U.S. Dollar.
As it was widely expected markets gone wild on Thursday, even though there was no surprises from the U.K. policymakers.
The U.S. economy grew at the fastest pace this year while households moderated their spending and businesses cut investments.
Financial markets were shocked on Thursday following the ECB press conference, after which the single currency plummeted to 1.329 against the greenback.
Following RBA's minutes that provided no surprise for markets, Wednesday's report from the Australian Bureau of Statistics showed positive tendency in trade sector.
Though Canadian economy sent mixed signals on Thursday, the loonie soared versus the greenback, hitting 1.0411.
The Pound moved further away from the strong psychological level of 1.6 against the U.S. Dollar on Wednesday, supported by strong factory output and a solid gain in property prices.
Before the September policy meeting analysts were betting Bernanke would announce the tapering of its stimulus programme, expecting a $15 reduction in monthly purchases.
The U.S. Dollar was weaker against the shared currency on Wednesday due to the upcoming ECB meeting, while the 17-nation economy is still sending mixed signals, suggesting the ongoing recovery is still fragile.
It was not a surprise that the Reserve Bank of Australia maintained its loose policy stance on Tuesday, keeping the benchmark interest rate at a half-century low of 2.5%, in a bid to revive the resource-rich economy from tis post-mining-boom woes.
Further evidence a cap on the Swiss Franc is still vital, occurred on Tuesday, as a report from the Swiss Federal Statistical Office showed that consumer prices fell both on a monthly and annual basis, putting more pressure on the Swiss National Bank to prevent deflation and risks of economic slowdown in the Alpine country.
The Pound soared against the Euro and U.S. Dollar after a fresh release of services PMI, showing activity accelerated at the fastest pace in 16 years last month, suggesting the U.K. is pulling away from the rest of Europe.
Service sector in the U.S. unexpectedly expanded in October, signalling that the biggest contributor to the nation's economy is overcoming the political impasse, which partially shut down the federal government.
The economy has emerged from the longest-ever recession, the Euro is trading around 1.35 against the Dollar, the situation in the 17-nation bloc seems to be finally improving.
The Australian Dollar opened this week significantly higher against its American counterpart, pushing AUD/USD above 0.95, as Australian retail sales surprised market participants to the upside, posting the biggest monthly gain since February.
Abenomics are working. This is the statement made by the IMF last week, also saying there is still room to increase BoJ's purchase of government bonds and exchange-traded funds in case another boost is required.
Britain's currency soared against the U.S. Dollar on Monday, hitting 1.5965, after Markit Economics said constructions activity within the economy advanced at the highest pace in six years in October, mostly led by homebuilding.
Clouds are gathering above the world's largest economy, as Thursday's report is likely to show the U.S. economy significantly slowed in the third quarter, while other fundamental data do not offer much clarity, as they are mostly marked by asterisk.
Following disappointing inflation and unemployment data last week, the single currency received a lift from manufacturing and sentiment reports that both pushed the most traded currency pair 0.14% higher.
The fastest pace of growth in export orders in more than two years boosted U.K. manufacturing, which grew strongly in October, reinforcing the view that the nation's economic recovery is gaining a broader base.
Inflationary pressure in Australia looks to be building finally after remaining subdued for several month, as prices measured at the factory, farm or wharf gate soar more than expected in the September quarter, the Bureau of Statistics said Friday.
Activity at Swiss manufacturing sector expanded for a sixth consecutive month in September, even though the pace of growth was slower than a month ago, still suggesting a modest recovery is underway, while improvement in economic sentiment is pointing at a greater confidence.